BCG: Tokenization Could Double Hong Kong’s Fund Industry
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Hong Kong's fund industry could potentially double by adopting token-based finance, according to a Boston Consulting Group report. The transition from legacy systems to tokenization could enhance compliance, functionality, and commercial viability. Benefits include reduced counterparty risk, lower operational costs, and 24/7 liquidity. A survey indicated strong market demand, with 61% of retail investors willing to increase allocations. The report emphasizes the need for coordinated action among banks, regulators, and tech providers to achieve commercial scale by 2026.
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